Regions Bank vs Bank of America

Regions Bank is a south and Midwest bank with special reward programs. How does it compare to Bank of America? Read our comparison chart below.

Regions Bank has 1,500 branches in 15 states in the South and Midwest. Checking and savings accounts require just $50 to open, with relatively lower requirements to waive fees. The unique Now Banking solution offers prepaid Visa, savings, and check cashing services with no account required.

While Bank of America is one of the largest banks in the U.S. with approximately 4,300 locations and 17,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.

Compare Regions Bank with Bank of America, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Regions Bank	Bank of America
	SPECIAL OFFER LifeGreen Savings Account – Up to $100 Annual Savings Bonus - Learn More Read Regions Bank Review	SPECIAL OFFER Bank of America Advantage Plus Banking® - $100 Bonus Offer - Learn More Read Bank of America Review
	Benefits and Features
Savings	0.01% APY
CD	0.01% APY (Up to 4.75% APY for Promotional Relationship)
Checking
Customer Service	24/7 Telephone Customer Service	Mon-Fri: 8am - 9pm (ET) Sat: 8am - 8pm (ET) Sun: 8am - 5pm (ET)
ATMs	More than 1900 ATMs in 15 Southern and Midwestern US states.	Approximately 16,000+ ATMs
IRA CD
Locations	More than 1500 branches in 16 Southern and Midwestern US states.	Approximately 3,800+ retail financial centers
	CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Customer Service
Mobile App
Pros & Cons	Pros: $50 to open checking account Relationship Rewards program LifeGreen Savings annual bonus Cons: No free checking option Limited branches Low savings APY	Pros: Large branch network Extended customer service hours Full service banking Cons: Monthly service fee Low interest rates Many miscellaneous banking fees
Bottom Line	South and Midwest bank with special reward programs... Read full review	National bank with widespread accessibility and wide range of services... Read full review
	LifeGreen Savings Account – Up to $100 Annual Savings Bonus Business Referral Program - $150 Bonus Regions Now Savings Account – Up to $100 Annual Savings Bonus	Bank of America Advantage Plus Banking® - $100 Bonus Offer Bank of America Advantage Relationship Banking® - $100 Bonus Offer Bank of America Advantage SafeBalance Banking® - $100 Bonus Offer
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Regions Bank: Pricing information from published website as of 05/16/2023 based on 35203 zip code. Bank of America: Pricing information from published website as of 5/15/2023 based on 91107 zip code.

Which is Better: Regions Bank or Bank of America?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Regions Bank or Chase.

In short: Regions Bank's savings, cd, and checking are notable. Bank of America's mobile app is noteworthy.

Articles on Regions Bank

Regions Bank Review

Regions Bank offers a variety of deposit products, easy account opening requirements, and special reward programs. Read on to see if this bank is right for you.

• Regions Bank vs Chase

Articles on Bank of America

Bank of America Review

Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.

• Bank of America vs Citibank
• Bank of America vs US Bank
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How to Close a Bank of America Account

Want to close your Bank of America account? Learn how and what you need to do before you close your account.

Bank of America Hours

Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.

Bank of America Routing Number

Find your Bank of America routing number and learn about money transfers in our guide.

Which Do You Think is Best?

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